2. A Coal - Fired Thermal Plant will produce Green Energy Rio Global Energy/CONTEST are working to implement a 500MW Coal-fired Thermoelectric Power Plant in Brazil. using brasilian coal.

3. A Copyright process by CONTEST injects ammonia to cleaning sulphur gases contained in the coal, and gets fertilizers besides products for food and pharmaceutical industries.

4. Co mparing the Energy Production price of USD $ 20/MWh with the current commercialization price of USD $ 85/MWh, the electrical energy produced could become a by-product

5. In Brazil a plant will be installed in Cachoeira do Sul, RS, near the Iruí Mine, and this region could supply coal for more than 300 years, producing 5,000 MW. A similar project could be made in China

6. Project Investment : USD$ 1.55 Billion Coal - Fired Thermoelectric Plant: USD$ 1 billion Ammonia Plant: USD$ 400 MM Contest Technology & Process Supervision : USD$ 150 MM

7. Coal-Fired Power Plant SPECIFIC PURPOSE COMPANY A 500MW Coal-Fired Power Plant, using CONTEST technology and local coal with high sulphur and ash content, will require about USD$ 1.55 billions investment, securing an annual revenue of about USD$ 1.2 billion/year. Partners Investment Partner A – Energy: US$ 499MM Partner B – Energy: US$ 501MM Partner C – Chemical products: US$ 400 MM CONTEST – Process Operation & Supervision: US$ 150MM Total: USD$ 1.55 billion The proceeds would be splitted as follows:: Partner A: 32.09% Partner B: 32.21% Partner C: 25.90% CONTEST: 9.60% _____________________ Total: 100%

8. Coal - Fired Power Plant A 500MW Coal-Fired Power Plant with Copyright Technology, using coal with high sulphur and ash content, will require about USD$ 1.55 billions (Thermoelectric Plant US$ 1 billion, Fertilizer Plant US$ 400 millions, and Technology & Process Supervision US$ 150 millions), securing an annual revenue of about USD$ 1.2 billion/year. The ROI (Return Of Investment) would be less than three (3) years.

9. Income: Sales of 400 MW/year for designated buyer, 15-year contract, competitive price, lower than market. 400MW x 7,446 h (85% service factor) = 2,740 MWh/year; Energy price/MWh = R$ 110.00 => USD$67.87 (exchange rate R$ 1.62/USD $ 1); Total: 2,740MM x USD$65.87 = USD$ 180.492 MM/year; 15-year contract = USD$180.492 MM x 15 years = USD$ 2.707 Billions

10. Sales in the spot market Power: 100 MW; Energy: 100MW x 7446h = 744,600 MWh/year; Income for the energy: USD$ 150.00/MWh or R$250.00/MWh Total of Energy sold: USD$150/MWh x 744, 600 MWh=USD$111.690MM/year; Total of Energy sold in the year: USD$ 292MM in 15 years = USD$ 1.675 billions

11. Products generated in the Ammonia/Urea factory. Firm Ammonia Contract with the Plant: Generated Volume: 400,000 tons/year; Consumption of the Plant: 360,000 tons/year; Ammonia value: USD$400,00/ton. Sales to the Plant = 360,000 tons/year x USD$400.00 = USD$ 144MM/year; Urea (Fertilizer market, firm sales contract for 15 years): Generated Volume : 600,000 tons/year; Value: USD$450.00/ton; Sales: 600,000 tons/year x USD$ 450.00/ton=USD$ 270MM;

12. Products Generateds by UTE RIOGRANDENSE: Ammonia sulphate(NH4)2SO4: Volume produced by year: 1MMton; Value of ton: USD$ 180. Annual sales of Ammonia sulphate: 1MMton/year x USD$180/ton= US$ 180MM/year. Ammonia Carbonate(NH4)2CO3: Annual production: 300,000 ton/year; Value of ton USD$ 300.00; Annual sales: 300,000tons x USD$ 300.00/ton = USD$ 90MM/year;

13. Ammonia bicarbonate(NH4HCO3): Annual production: 200,000 tons. Value of ton: USD$ 1,300; Annual sales: 200,000 tons x USD$ 1,300 = USD$ 260MM; Bi/Carbonate of Ammonia (NH4CO3.NH2COONH4): Production: 100,000 tons/year. Value of ton = USD$ 42,360; Annual sales: 100,000 tons X USD$ 42,360 = USD$ 4.236 billions

14. TOTAL OF PRODUCTS SOLD BY U.T.E. RIO GRANDENSE: Ammonia sulphate: USD$ 180MM Ammonia carbonate:USD$ 90MM Ammonia bicarbonate: USD$ 260MM Bi/Carbonate of Ammonia: USD$ 4.236 Billions TOTAL USD$ 4.766 Billions

15. Average value of products sold: Annual production: 600,000 tons per year: Annual sales: USD$ 4.766 billions Average value per ton= USD$ 7,943 Electrical energy sold: Captive energy: USD$ 180.492MM Free market ( SPOT) USD$ 111.990MM Total: USD$ 292.482MM /year ;

16. Annual sales; USD$ 4.766 Billions + USD$ 292.482MM = USD$ 5.058 Billions This amount is function of national and international market demands

17. Rio Global Energy Tel. (55 21) 2255 - 3330 Fax (55 21) 2532 - 6057 Mob.(55 21) 9628 - 6943 Eng. Cláudio Vasconcellos President claudiorge@terra.com.br